30.05 0.00 (0.00%)
After hours: 4:19PM EDT
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||30.02 - 30.79|
|52-week range||27.58 - 35.68|
|PE ratio (TTM)||13.64|
|Earnings date||23 Aug 2018|
|Forward dividend & yield||0.97 (3.15%)|
|1y target est||32.95|
As of June 22, Abercrombie & Fitch’s (ANF) forward PE multiple was 28.7x, much higher than other apparel retailers’ multiples. American Eagle Outfitters’ (AEO), Urban Outfitters’ (URBN), and Gap’s (GPS) PE multiples were 16.0x, 18.1x, and ~13.0x, respectively. Forward PE multiples, calculated by dividing a company’s stock price by analysts’ earnings estimates for the upcoming four quarters, are among the most popular metrics for making investment decisions.
As of June 22, Abercrombie & Fitch (ANF), American Eagle Outfitters (AEO), and Urban Outfitters (URBN) stock had risen 60.2%, 29.7%, and 31.3%, respectively, year-to-date. Meanwhile, Gap (GPS) had fallen 2.0%. Apparel retailers’ sales growth has deteriorated due to the rapid expansion of e-commerce.
As retail changes and companies struggle to attract and retain customers, several themes have emerged, including improved customer service and convenience. "Clients feel pretty comfortable with Nordstrom, they know know they can always take something back because they have a really friendly return policy.
Gap (GPS) is witnessing softness across the Gap brand for quite a while now. Additionally, soft Q1 earnings result is weighing on the stock performance.
Over the past 10 years The Gap Inc (NYSE:GPS) has returned an average of 3.00% per year from dividend payouts. The stock currently pays out a dividend yield of 2.98%,Read More...
Gap Inc. says it has named the former CEO of Billabong International and Eddie Bauer as the new head of its struggling namesake brand. Neil Fiske replaces Jeff Kirwan, who left the company in February after being at the brand's helm for nearly four years. Fiske will begin his new role as CEO and president of the Gap brand on June 20.
Retailer Gap Inc. has named Neil Fiske as president and chief executive officer of its namesake brand as it looks for a comeback amid declining mall traffic, operational missteps and disappointing growth. The search for a new top executive for the brand began in February, when the company announced Jeff Kirwan would exit the post after just over three years. The Gap brand has been the company’s most troubled division, with a slew of management changes and shifts in strategy.
Gap Inc. announced Wednesday afternoon that Neil Fiske would take over the role of president and chief executive of its Gap brand. Fiske had previously been chief executive of Billabong, Eddie Bauer and ...
In this article, I will take a look at The Gap Inc’s (NYSE:GPS) most recent earnings update (05 May 2018) and compare these latest figures against its performance over theRead More...
Forward PE (price-to-earnings) multiples are one of the most used metrics for making investment decisions. Forward PE is calculated by dividing the stock price by analysts’ earnings estimates for the next four quarters.
Inc. shares slumped on Friday as the retailer said inventory issues at its flagship store will take months to resolve. Gap Inc. (GPS) , whose brands also include Banana Republic and Old Navy, reported first-quarter earnings per share of 42 cents, up from 36 cents last year but below the 46 cents FactSet-compiled analyst consensus. The Gap brand’s chief executive, Jeff Mirwan, left the company in March.
On a day the market fell on tumbling oil prices, Foot Locker jumped on a strong profit and Gap sank due to weakness in its flagship brand.
The gross margin was down by 120 basis points after adjusting for accounting changes related to the adoption of ASC 606 (see the previous part of this series). 180 points of this fall came from a merchandise margin decline, which was partially offset by 60 basis point leverage from rent and occupancy costs. Gap had reported six straight quarters of gross margin improvements before this quarter.
This was the eighth consecutive top-line beat for the apparel retailer. While the company managed to outperform on the overall top line, it missed consensus same-store-sales expectations. Behind the softness in comps was the poor showing from the company’s namesake brand, Gap, which reported a 4% decline in comps versus consensus forecasts of a 0.4% decline.
Total sales increased 10% YoY (year-over-year) to $3.78 billion, which was $172 million more than the consensus. Earnings per share rose 16.7% YoY to $0.44 but were below analysts’ expectations of a 27.8% YoY jump to $0.46. Analysts lowered Gap’s price target after the results, including Deutsche Bank (from $34 to $33), Jefferies (from $48 to $45), J.P. Morgan (from $30 to $29), and Credit Suisse (from $35 to $33).